Lead: Although during the decade of the 1920s the United States enjoyed unprecedented prosperity, little understood economic weakness that set the stage for the Great Depression.
Intro.: A Moment in Time with Dan Roberts.
Content: Harry Truman once complained that what the world needed most was a one-handed economist. ‘On one hand….and then on the other.’ The Great Depression of the 1930s has been the subject of great debate. It was the longest and most severe economic slump in modern history and it continues to fascinate and involve the energies of economic historians even as the period slips into the past.
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